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Author Topic: Three phases bounty distribution  (Read 836 times)
Akiko
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July 21, 2020, 11:12:21 AM
 #121

I don't like being made a participant limited. It cannot save the project from being dumped. One of the things that need to be done to save the project from dumping is slow distribution. So I agree with you on this point.

if more participants join in a campaign because it doesn't have a limit you as bounty participants will only receive little  rewards is that what you want to happen?

Limiting participants is actually  help to receive every one exact amount of payment from the job done.


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July 21, 2020, 01:18:16 PM
 #122

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases


Its useless because bounty hunters arent the real dumpers in the first place.So having this kind of set-up wont work because dumps would be inevitable because the main dumpers are the investors itself.

Just imagine on how much percentage of tokens are allocated for marketing or bounty? Most of the  time it would be only 1-2% and if you do try to calculate then you will surely realize

that it isnt really that a big thing.This is why when tokens get listed then expect for huge dumps yet investor would secure out profits as early as they can.

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July 21, 2020, 01:35:41 PM
 #123

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
whether 1 phase or 10 phase of bounty distribution.. a listed coin without good demand and market makers to drive volume will always go down to zero.. people who invest in crypto startup are those who likes to gamble with their hard earned money
true some people who dare to invest are those who bet on the profits they believe no matter how many times the phase is done it will go down if the project is honest right, but before they will bet I'm sure they have assumed in advance for what they are betting and sure you will get a reciprocal that is profitable even though you can't be sure of the end result



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Rainbot
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July 23, 2020, 03:26:49 AM
 #124

This type of distribution will be more satisfying if the project is able to maintain a good price throughout the distribution phase, distribution from phase 1 can be good because at this point the price is still very okey, but before it get to phase 3 the price of the token must have dump alot and this is not very favorable to hunters,
I understand this type of distribution is to control price from dumping but in most cases price still dump even without distribution,  this is only beneficial to project team and not to hunters.

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July 23, 2020, 05:43:41 PM
 #125

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
I think dump is still base on the quality of the project if the project has a promising future investors will be eager to buy more than to sell more
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July 23, 2020, 11:17:34 PM
 #126

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
I think dump is still base on the quality of the project if the project has a promising future investors will be eager to buy more than to sell more
Exactly, but sometimes you can't see the quality of the project in the early stage, actually people are more attached with their emotion so when there is a hype or FUD, they act very fast without analyzing carefully before making a decision.

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July 24, 2020, 09:20:13 AM
 #127

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
there may be some bounty hunters who like the method of distribution like that and maybe there are many who do not like the rules like that. indeed the purpose of the rule is to avoid dumping but the payment received is not full or even waiting, it is too painful because it is the right of the prize hunter if they want to sell fast or long. honest, I personally do not like such distribution.

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mdzahed134
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July 24, 2020, 08:28:30 PM
 #128

I don't like being made a participant limited. It cannot save the project from being dumped. One of the things that need to be done to save the project from dumping is slow distribution. So I agree with you on this point.
Limitation must be need specially for small allocation campaigns. Now mostly long campaign but very low budget, so if here no limitation you can't expect good rewards. Legit project never crash after hunters tokens distribution. Dumping is not happened from bounty participants.               

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July 24, 2020, 08:34:50 PM
 #129

I don't like being made a participant limited. It cannot save the project from being dumped. One of the things that need to be done to save the project from dumping is slow distribution. So I agree with you on this point.
Limitation must be need specially for small allocation campaigns. Now mostly long campaign but very low budget, so if here no limitation you can't expect good rewards. Legit project never crash after hunters tokens distribution.             

That last statement is for real, legit project won't allow to crashed their coin once the hunters start to dumped their rewards, theirs plan ahead
and expectations not to really harmed the value of their coin. Small drop might be experienced but it surely recover back.

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July 25, 2020, 11:08:56 AM
 #130

This is common for projects that don't have confidence when they enter the market.
it's ironic indeed as if the bounty hunter does not deserve what should be his.
I think projects like this will gradually become the next trash.
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July 25, 2020, 12:57:26 PM
 #131

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases

I have seen many project owners already implementing this. It's a good way to control the dump caused by bounty distribution but, I think it's not up to bounty managers to decide how they wanna distribute the token because it's usually project owners who send out the payments to participants.

do you think bounty hunters can cause dump?  I think no because only 1% of the total tokens is for the bounty participants.  What i dont like is there is three phases of bounty distribution, what if a bounty participant will only get 20$ he will only get 6.6$on the first phase.
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July 26, 2020, 07:55:14 PM
 #132

I don't like being made a participant limited. It cannot save the project from being dumped. One of the things that need to be done to save the project from dumping is slow distribution. So I agree with you on this point.

if more participants join in a campaign because it doesn't have a limit you as bounty participants will only receive little  rewards is that what you want to happen?

Limiting participants is actually  help to receive every one exact amount of payment from the job done.


Limited participants can be play very important role, firstly bounty hunters rewards will be reduce for the due to massive participation so that payment will too small. BM can easily filter those are fake entries on the spreadsheet. Now actually i see participants limitation on the bubbalex campaigns.   

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July 30, 2020, 06:46:52 PM
 #133

It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
this idea is already used by almost every BM, even not 3 phases, but sometimes they divide it for 3-4 months, and one company divided the payments for a year ahead, and in the end what happened ? all your reward is divided, and a month goes for 2-3 $, super idea ! already there are no those companies when went on 1000 -2000 $ after listing, now if there will be 20-30$ for kakue the company, it is already good, and you offer them still to divide into 3 phases

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August 05, 2020, 10:26:16 AM
 #134

yes, maybe that is one way to minimize the price of a project coin itself, if the tokens are distributed in three stages I think this is good. if it's not wrong like the tokoin project, they do the same thing as this and in fact can maintain the value of the project's own coin.

It is good if the price of token is maintained, with this process it will look as if the participants are receiving monthly salary for a work done, the idea is not bad only the problem of future uncertainty, especially with the price going lower and there is a possibility of team not fulfilling their promise, if this happens, the participants will be at loss.

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Shohag123
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August 05, 2020, 03:52:50 PM
 #135

I think its good that the distribution will be made by 3 phases.I have seen that some people blame bounty hunters for the price drop of the coin.If project has an X factor and good demand then it will be always on safe side.And if the bounty allocation is huge then 3 phase distribution is a best idea and then nobody will have much coin to dump.I have recently joined DIA bounty and here distribution will be on 3 phases.But if the bounty allocation is small and you use 3 phase distribution then its a very unfair decision.Nobody want 5$ every month.So if small allocation and price is not good then 3 phase distribution is very bad for hunters.
tukagero
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August 05, 2020, 11:52:22 PM
 #136

For some reasons three phases of bounty distribution is good first to prevent bounty hunters for dumping, second to maintain the price or maybe price will go up because no one is dumping. But somehow there is also negative on three phase distribution especially on the part of bounty hunters, if the project cant stand for so long, price will dump rewards of bounty particapants will become lower and lower.

bakasabo
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August 06, 2020, 01:15:06 PM
 #137

For some reasons three phases of bounty distribution is good first to prevent bounty hunters for dumping, second to maintain the price or maybe price will go up because no one is dumping. But somehow there is also negative on three phase distribution especially on the part of bounty hunters, if the project cant stand for so long, price will dump rewards of bounty particapants will become lower and lower.

Why the fact that bounty hunters dump tokens is counted as negative? They worked to get a reward and can do with it whatever they want. It is like a person receives salary and government limits him from spending it all in one day. With current bounty pulls, bounty hunters cant dump there price. Project is fully responsible for hunters selling tokens and dropping price. Project doesnt do anything to protect altcoins price. Project did not do anything to impress hunters to make them keep rewards. If the project is promissing, bounty hunter will never dump his reward.

 
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dunfida
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August 10, 2020, 09:50:43 PM
Merited by milewilda (2)
 #138

For some reasons three phases of bounty distribution is good first to prevent bounty hunters for dumping, second to maintain the price or maybe price will go up because no one is dumping. But somehow there is also negative on three phase distribution especially on the part of bounty hunters, if the project cant stand for so long, price will dump rewards of bounty particapants will become lower and lower.

Why the fact that bounty hunters dump tokens is counted as negative? They worked to get a reward and can do with it whatever they want. It is like a person receives salary and government limits him from spending it all in one day. With current bounty pulls, bounty hunters cant dump there price. Project is fully responsible for hunters selling tokens and dropping price. Project doesnt do anything to protect altcoins price. Project did not do anything to impress hunters to make them keep rewards. If the project is promissing, bounty hunter will never dump his reward.
Main dumpers are investors itself and project do always took the blame to bounty hunters? Thats totally a bullshit treat to bounty hunters since from the beginning
without even knowing or realizing that investors are the ones who do always come after for profits once the tokens/coins being listed out already on an exchange.
In mention in op about three phase distribution then i would surely bet that this one wont able to stop the dump. Dont forget that investors that do purchase up tokens
plus having big discounts and bonuses will be always in the head of the line when it comes on selling out their stashes.

Shef198911
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August 13, 2020, 05:25:18 PM
 #139

For some reasons three phases of bounty distribution is good first to prevent bounty hunters for dumping, second to maintain the price or maybe price will go up because no one is dumping. But somehow there is also negative on three phase distribution especially on the part of bounty hunters, if the project cant stand for so long, price will dump rewards of bounty particapants will become lower and lower.

Why the fact that bounty hunters dump tokens is counted as negative? They worked to get a reward and can do with it whatever they want. It is like a person receives salary and government limits him from spending it all in one day. With current bounty pulls, bounty hunters cant dump there price. Project is fully responsible for hunters selling tokens and dropping price. Project doesnt do anything to protect altcoins price. Project did not do anything to impress hunters to make them keep rewards. If the project is promissing, bounty hunter will never dump his reward.
Yes, only bounty hunters are always blamed for everything, especially I noticed this behavior from the investors themselves, who themselves just want to sell more profitable, and ask the team to either block the tokens or divide them for a year, so that they could not normally sell what they earned, and at that time, investors really sell their tokens at a good price.
Currently, the whole truth is in the money, gave money, sold more or less, and those who worked and promoted the project to have such a price of the token, they are left with nothing

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noorman0
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August 14, 2020, 03:46:20 AM
 #140

Whatever the policies regarding distribution I guess it doesn't matter. What hunters face and complain about is the fact that managers often delay payments and don't live up to their initial promises.

The hunters are running the campaign because they have read and accepted the policies, giving another policy after the job is done is not a good project which means the project team itself is not confident in their potential of their coins/tokens and I have noticed many of them have died slowly before even distribution is done.

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